Astatine

Astatine

As much as I think yesterday's puke is good for a short term spike into the 200s again, ultimately I plan to purchase at the 35 levels when the gap is filled. Yeah -- it's way lower than where we are, but its just sitting there begging to be filled.

Astatine Updated 

Looks like our next door heart breaker is going to up his game into the next month or so. EEM setting up for a dramatic spike up into the box, to make everyone fall in love with it again, only to pull the rug to retest the former lows. This particular advance I expect in the next few days, I think will happen quickly. After that, there will likely be a heart...

Astatine Updated 

I expect a move up in XLF into 27.7 region beginning of next week.

Astatine

With the completion of the elliott pattern on the downside, I am on my toes for a nice squeeze in these markets. My momentum fractal matcher aligns the 5th of July on the daily, with 8th of February on the hourly. If you look at what happened after 8th of Feb 2018, that was a 10% move up in 5 days. I don't expect this move up to be quite that fast, but I think it...

Astatine Updated 

While the Nifty has been acting quite well, the Indian Rupee has not been very bullish at all to say the least. This impact is being felt on the EPI index which is exposed to currency risk as well in addition to equity risk, a fact which is overlooked by some market participants. In any case, the way it has been acting, makes it look like further lows are ahead,...

Astatine

Previously, I mentioned that its necessary to be patient, and I think we have an answer now. We matched the 6th of December 2017 fractal on the hourly, so we are likely to have a strong move up. Today's move down is likely just a reset since it was moving at an unsustainable angle. So my plan 1. I'm looking for there to be a couple of red days which I can buy....

Astatine Updated 

Yet another chart which has proven its bullish intentions -- i think macro there is a lot of meat left on this bone with a target of 2000 on the upside over the next year or so. So basically tracking this count now I did mention earlier that we could see a double bottom -- however as mentioned in the idea "AMZN short setup", that setup was violated with much gumption

Astatine Updated 

While my primary expectation was for AMZN to steam off to new all time highs, we are currently at a spot where hedging makes sense imho, this is owing to the corrective looking move we have made upwards and also the presence of a fractal which can puke any time now, if it is playing out

Astatine Updated 

XLF is potentially in a pretty bearish posture but I give it allowance for one more pop into the orange box specified. After that I would be short. I don't like the setup to be long here. It is very interesting that my fractal identification method has picked out a sub-fractal if you will -- i.e. a pattern in the daily, which has previously presented itself in...

Astatine Updated 

My fractal analysis has yielded a very interesting possibility if 157 is not broken on the downside in the next few days. I think we go to 172 by mid July, and then make a top at 178 August mid. Fractal:

Astatine Updated 

I expect spy to get to the 280s within end of July, and then commence a decline. For now, I expect that decline to the Feb lows, but as always I have an open mind. For now, I think we have seen the lows for the next month or atleast a few weeks.

Astatine Updated 

I think we see a pretty complex fractal over the next few weeks -- early next week, we should see a dump, which would result in a minor new low, and then a massive rip to fill the gap from a few weeks ago. Then we start our final descent. Fasten your seat belts.

Astatine Updated 

XME should see pretty strong upward bias in the next 40-60 days and should make it to the 40-45 region. I will be taking position on any pullback which may materialize in the next few days. As additional proof 1. We bottomed at a good fib support, and then made a nice bottoming formation of bottoming exactly at the next support level (as in "Automatic supports"...

Astatine Updated 

Apple looks like a nice short if we get any sort of a pop today. Short term trade only, should get into the bottom box in the next week or so

Astatine Updated 

We have not yet made an impulsive move up in the daily time frame -- however, with indicators diverging the same way they did in 2014 (), I think we are in store for a pretty solid pop upwards

Astatine Updated 

Looks like gold is setting up for a really nice short sqeeze and then a pretty strong selloff into year-end. As per fractal analysis, we should see this pop take us to 126 region within 30 days and then a slow and frustrating drop into my C. I expect all of this to take till year end. An evil alternative exists of direct downside, as long we we are below 120.7....

Astatine Updated 

Looks like we are soon to be on our way. This should be a pretty long term hold, so I will be adding to shares on any pullbacks which retain the structure

Astatine

Looks like yesbank is poised to do some catching up on the upside with a target in the high 1000s on a multiple year hold